• BREAKING NEWS ABC shows live and on-demand -- Download the WATCH ABC app!

Lance Armstrong cuts formal ties with Livestrong

Lance Armstrong appears in this undated file photo.

November 12, 2012 12:00:00 AM PST
Lance Armstrong has cut formal ties with Livestrong, his cancer-fighting charity.

The move comes in an attempt to avoid more damage following the cyclist's doping charges and removal of his seven Tour de France titles.

Armstrong had resigned from the organization's board of directors Nov. 4 after resigning as chairman Oct. 17.

A Livestrong spokeswoman said Armstrong "remains the inspiration" of the charity and that he is still the largest donor at over $7 million total.

The Associated Press contributed to this report.